Mighty Quinn's Barbeque

Operating

Mighty Quinn's Holdings LLC

Food & Beverage · Founded 2014

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Award-winning, fast casual group serving up authentic, slow-smoked barbeque

Valuation cap ⓘ

$40.0M

As of Apr 2020 · from Reg CF Offering (2020) · a SAFE/note conversion ceiling, not a priced valuation

Total raised

$4,884,526

Crowd $502K · Private $4.4M · 4 rounds since 2019

Financials

FY2017–FY2022 · from SEC filings · hover any figure for its source

$16.6M

−$595K

2017

$18.4M

−$2.4M

2018

$18.0M

−$3.2M

2019

$9.5M

−$2.1M

2020

$11.9M

$5.7M

2021

$14.7M

−$2.5M

2022

RevenueNet income — beside revenue when positive, below the line when a loss

Metric

FY2017 reviewed*

FY2018 reviewed

FY2019 reviewed

FY2020 reviewed

FY2021 reviewed

FY2022 reviewed

Income statement

Revenue

$16,636,021

$18,442,226

$18,010,444

$9,498,957

$11,878,258

$14,664,400

Cost of goods sold

$6,001,567

$6,838,768

$6,315,645

$3,427,926

$4,554,074

$6,105,838

Gross margin

64%

63%

65%

64%

62%

58%

Net income

-$594,528

-$2,350,538

-$3,231,543

-$2,083,209

$5,685,092

-$2,546,879

Taxes paid

$6,575

$3,715

Balance sheet

Cash

$2,430,970

$1,220,381

$667,363

$1,231,848

$7,036,662

$3,916,154

Accounts receivable

$1,315,622

$337,773

Total assets

$8,951,559

$7,291,893

$6,040,349

$5,768,293

$11,561,003

$17,177,221

Short-term debt

$236,352

$657,015

$653,958

$1,105,443

$860,005

$452,266

Long-term debt

$2,547,378

$2,377,004

$2,223,870

$4,075,319

$2,241,236

$500,000

Total liabilities

$2,783,730

$3,034,019

$2,877,828

$5,180,762

$3,101,241

$952,266

Other

Headcount

—

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Valuation caps on SAFE / convertible note rounds

$40.0M

Valuation cap

Reg CF · Debt · Feb 2020

Dashed amber bars are a SAFE or convertible note's valuation cap — the most it converts at, not what the company is worth.

Cap table

Principal holders% as the filing states it, Jul 6, 2023

Micha Magid25.2%of company

Sold to the crowd

Reg CF · Feb 2020$501.7K

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Private · Convertible Note · Jun 2021Closed

Raised $607.9K

Reg CF · Debt · Feb 2020Closedvia SeedInvest

Raised $501.7K / $1.1MValuation cap $40M

Rule 506(b) · Debt · May 2019Closed

Raised $775KInvestors 12

Rule 506(b) · Preferred Stock · May 2019Closed

Raised $3M

Team

2 people

Christos GourmosFounder

Co-Founder, Co-CEO

Micha MagidFounder

Co-Founder, Co-CEO

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Not requiredFiled Form C-TR (terminated reporting)

Filed 4 of 7 annual reports (FY2019–FY2025)

12 investors

holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

SEC filings

View all 10 filings on EDGAR

Form C-TRJul 7, 20230001777476-23-000003
EDGAR
Form C-ARJul 6, 20230001777476-23-000001
EDGAR
Form C-ARJun 6, 20220001777476-22-000001
EDGAR
Form C-ARApr 26, 20210001777476-21-000001
EDGAR
Form C-ARJun 12, 20200001777476-20-000005
EDGAR
Form D/AMay 18, 20200001777476-20-000004
EDGAR
Form C-UApr 22, 20200001777476-20-000003
EDGAR
Form C/AFeb 21, 20200001777476-20-000002
EDGAR

Source: ManualCIK 0001777476

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.